Croda International (CRDA) Given New GBX 3,905 Price Target at Credit Suisse Group

Croda International (LON:CRDA) had its price objective increased by Credit Suisse Group from GBX 3,900 ($50.96) to GBX 3,905 ($51.03) in a research report sent to investors on Thursday morning, ThisIsMoney.Co.Uk reports. Credit Suisse Group currently has an underperform rating on the stock.

A number of other equities analysts also recently weighed in on CRDA. Deutsche Bank reaffirmed a hold rating and set a GBX 4,800 ($62.72) target price on shares of Croda International in a research note on Thursday, February 28th. Liberum Capital reaffirmed a hold rating and set a GBX 4,600 ($60.11) target price on shares of Croda International in a research note on Tuesday, February 26th. Finally, Goldman Sachs Group raised their target price on shares of Croda International from GBX 4,905 ($64.09) to GBX 5,000 ($65.33) and gave the company a neutral rating in a research note on Monday, February 4th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the stock. The company has an average rating of Hold and an average target price of GBX 4,840.50 ($63.25).

Shares of LON CRDA opened at GBX 5,000 ($65.33) on Thursday. Croda International has a fifty-two week low of GBX 4,392 ($57.39) and a fifty-two week high of GBX 5,330 ($69.65). The company has a market cap of $6.44 billion and a price-to-earnings ratio of 27.06. The company has a quick ratio of 1.01, a current ratio of 2.03 and a debt-to-equity ratio of 49.77.

The firm also recently announced a dividend, which will be paid on Thursday, May 30th. Shareholders of record on Thursday, April 11th will be paid a dividend of GBX 164 ($2.14) per share. This is an increase from Croda International’s previous dividend of $38.00. The ex-dividend date of this dividend is Thursday, April 11th. This represents a dividend yield of 3.24%. Croda International’s dividend payout ratio (DPR) is currently 0.54%.

In related news, insider Tom Brophy sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 30th. The shares were sold at an average price of GBX 5,143 ($67.20), for a total transaction of £102,860 ($134,404.81). Also, insider Keith Layden sold 2,926 shares of the firm’s stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of GBX 4,880 ($63.77), for a total transaction of £142,788.80 ($186,578.86).

Croda International Company Profile

Croda International Plc creates, makes, and sells specialty chemicals in Europe, the Middle East, Africa, North America, Asia, and Latin America. The company operates in four segments: Personal Care, Life Sciences, Performance Technologies, and Industrial Chemicals. It offers adhesives; crop protection additives and adjuvants, seed enhancement and animal health chemicals, chemical bio-stimulants, and specialty additives for agricultural films; and lubricant additives, coatings and polymers, vehicle cleaning chemicals, and products for automotive textiles and fibers, as well as specialty additives for plastics, and battery and catalyst industries.

Featured Story: Net Margin

Analyst Recommendations for Croda International (LON:CRDA)

Receive News & Ratings for Croda International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Croda International and related companies with MarketBeat.com's FREE daily email newsletter.